Ubisoft Entertainment SA (OTCMKTS:UBSFY) Sees Large Increase in Short Interest

Ubisoft Entertainment SA (OTCMKTS:UBSFYGet Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 130,700 shares, a growth of 2,741.3% from the September 15th total of 4,600 shares. Based on an average daily volume of 867,800 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on UBSFY shares. BMO Capital Markets upgraded shares of Ubisoft Entertainment from a “market perform” rating to an “outperform” rating in a research note on Wednesday, September 18th. Cantor Fitzgerald reissued a “neutral” rating on shares of Ubisoft Entertainment in a research note on Monday, September 9th. BNP Paribas lowered Ubisoft Entertainment from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft downgraded shares of Ubisoft Entertainment from a “buy” rating to a “hold” rating in a research report on Thursday, September 26th. Finally, Barclays upgraded shares of Ubisoft Entertainment to a “hold” rating in a research report on Friday, September 27th. Nine research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Ubisoft Entertainment

Ubisoft Entertainment Price Performance

Ubisoft Entertainment stock remained flat at $2.83 during mid-day trading on Thursday. The company had a trading volume of 277,335 shares, compared to its average volume of 89,997. Ubisoft Entertainment has a fifty-two week low of $2.03 and a fifty-two week high of $6.57. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.15. The firm’s 50 day moving average is $3.20 and its 200-day moving average is $4.05.

About Ubisoft Entertainment

(Get Free Report)

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.

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